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Author Question: In the foreign exchange market, a decrease in the supply of dollars leads to an appreciation of the ... (Read 115 times)

mmm

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on: Jun 29, 2018
In the foreign exchange market, a decrease in the supply of dollars leads to an appreciation of the U.S. dollar.
 
  Indicate whether the statement is true or false

Question 2

In a perfectly competitive market, which of the following will increase the economic profit the firms make in the short run?
 
  A) a decrease in market demand
  B) an increase in market demand
  C) an increase in labor costs
  D) an increase in the number of firms


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IRincones

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Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


mmm

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Reply 2 on: Jun 29, 2018
Excellent

Dominic

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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